HomeMy WebLinkAbout1757 i~l, j
1 a177"t~.' ~
THiS INDENTURE. Mad~ the.~LV~~ day of ~Un~ .~.D. 19 6~-~'
- betrveen
y~ Wt A. Palmer and Louise Palmer, his wife
~ af Saint Luci e C~nry florida, FrKeineftsr designeted es the "MORiGAGOR," snd FiRST FEDERAL SAVINGS AND IOAN
~ ASSOC~ATION Of FORT PIERCE, a corpwetion orqanized end exiuir~ und~r the laws of th~ United Stst~s of Ainerica end havin~ it~ principa! place of
buaini~a in ihe City of Part Pi~rce, St. luci~ County, Fiwida, heroinaher desiynatad aa the "MORTGAGEE:'
WHEREAS the MORTGAGOR ~s juttly indebted to tho MORTGAGEE in the sum of f~7 • 7~~.0~ good ~nd lawful money of the Un~ted
r States advana~d by the AIORTGAGEE unto the MORTGAGOR, as evidenced by a certain promissory note of even date herewith, of ~hich tha following in
vaor~~ ~ti n~+! O~ a rrur copy, to-wit: ~ 12, 861
_ ~ ~L)
~ 6
Fort Pierce, Flaida, 'JUne 17 ! 19
~or val~e r~~eived, I, we or either of us, prom~se 1o pay, without defalcation, ro the order of FIRST FEDERAL SALVINGS AND LOAN ASSOCIQTION Of
fCRT PIERCE at Fort Piercr, Florida, the sum of j ~7
.7~~Q~_ with intLere~sr from date at the rete of S~°~o per ann~m, in monthly install-
rnents as fol!ows: ;~~-~~~Z on the ~day of A~UB~ 19~52~ and a like sum on the corresponding day of each month there-
after unti! the who!e be fully paid.
Each ~nstaUment first shall be applied in payment of the intarext and then on the ~npaid balance of the princlpal aum. If default is made in the
payment of any ~nstatlment when due, and such defauh continues 30 days, then at the option of the holder, and without any other not~ce, ai! the remaining
installments shail be due and payable at once. Privilega is qiven to prepay this note in whale or in part at any t~;ne without penalty. Neit~he~r+ forebearance,
nor acceptance by thr holder thereof aftet any default in any paymeMS hereun, shall be deemed extensien. A late payme~t charga of ; l.~i~~hall be
addad to each insta!Iment remaining unpaid 7 days after ita due date, end e like sum shall be addad to each such insTallment rem~ininq unpaid 7 days after
each succeeding payment date.
Each maker, su~ety and endorser hereof, jointly and eeverally, wa~ves demand, presentment protest and noTice of protest for nonpayment, and further
~ a4rees to any extension of tnne of payment, either bafore or after maturity, winc~ut notice to any of us; and to pay ail cests of coilection, includ:ng a
reasonable attorney's fee +n the event of any defa~~lt hereunder, and hereby severelly waivei a~l benefit of homestead and exemption under the constitution
and lawi of each State ~f the Unitrd States, as againat this obligation or eny extension or renewal hereof.
Witneas the hand and seal of each party.
: s W. A. Palmer (SEAL)
~ s Loiiise Palmear_
_ (SEAL)
" _ (SEAL)
r (SEAI)
?6 ~ a Staie Revenue
(Stemp~ uncelled on origi~al note)
NbW, THEREFORE, the MOR7GAGOR for tha purpoae of sscuring payment ot said sum of S 37.7oa•~~ end the performance of the
covenantf and ~greements hereinafter exFresscd, end tor divers yood and vslueble co~siderations, by thefe preaents, dces grans, barqain, ~ell, remise,
releaae, tonvey and confirm unto the MORTGAGEE, its successors and aisignt, all that certsin lot, piece or parcel of Isnd, ~ituate, lying, end 6eing irt the
Caunty of SA i rit T,~ieie and Stato of Florida, desuibed ~s fol~ovw:
Iot 19, ~31ac1~ A, Fr~mbach's Sixbdivision, as per nl~at theret~f recordec3 in
Plat F3ook i, r.a~e 36, ;~~xblic records of St. Lt~cie i.ount,y, rlarida,
Lot Bl~ck 1~', Sc~uthsrn Pines Subdivision, as rer nlat thereof recorde~
in plat Book 9, na~~ b8, nublic records ~f Ste Lucie County, Flori~3a~
I:ot 1Q, Whiddon's euhdivision, as ner :~lat thereof recorded in Y1r~t
Book 9, ~a~ze 17, pt~blic records of St. Lua9_e County, Florida,
Lot 10, Black 2, Ma~nnlia Park ~ubdivisian, as per plat thsreof recorded
i.n nla~ 8o~k Q, ~s~e x~uhlic records of St. Lucis ~auntY, rlorida~
I:ot 11, ~7ock 1, Maqnolia P~rk Subdivi~ion, as ner plat thereof recorded
i n p~~C,~rv~S~~p~~e ~~~~M~~~,~~records ~f St. Lucie Count•v, Flori~a, /
DUE ON CLASS'C 7 NGl9LE PERcpyp~ PROPERTY.
PURSUANT 70 CHAPTER 2072d, PCTS OF 19R1, _ _ ~
: ROGEI2 POITRA.S, ci~~k c~«~:t c_~rt ~ ~1'a4,T E~' F L O F2 i i~A
as Agent fcr CU~TIS M. JAM~S Q y~°,, p(~LUfi~ENJ'A " TAMP TAX
; St. Lucio Cow~iry Tax Col ector ~ 7 = JUMi~65~ ,o
~ = 5655=
E BY DEPUTY CLERK ~ CQMPTf~OLIEH ,_a,..~~
~ ~~,l90138
i
t
together with sll and singular the tenements, hercditaments snd appurtances therevnto belonging or in enywise sppeAaininy thereto, and a!I rents, issuss,
proceeds and profits accruing and to accrue from seid premises, ell of which are included in the ebave and fortgoinq destrip7ian and habendum.
Td HAVE AND TO Nt~LD tha above described and grnnted premises unto the seid MORTGAGEE, it~ auccessors sr+d assigna forever. Md ths said
MdRTGA}G~O.,QR ~tor heirs, executors, administrstors snd a~s7g~s, hereby covensnri with the said MORTGAGEE, it~ ~ucceston end auigru,
~ that --+~-d--gr~-- ~awfully seized of the iaid premi~es in fea simple; that the same ara frea, clsar and cfiuhargad from a!I lien: and mturtr
~ brances in law or in equity, and that~~~- will ana th~ir heiri shall warrant and defend the title 4o tht tame ro tfi~ said
MOR7GAGEE, iti successors and assigns, forever sgaimt the lawfi~l c~sims and demanda of all perwns;
~ PltOVIDED, AlWAYS that if the MORTGAC,OR shaR pay unto the MORTGAGEE ths p~omiuory rwte hereinbefore deicribed and shal! truly, promp±ly
[ and fvlly perform, d~scharge, execute, comniete, comply with snd abide by each snd avary the ttipulationt, agreamenis, conditions and eovenants of said
R eromissory note and af this Mortgage, lhen this Mortyagr snd the Ectate hereby aesied thall ce~~e and be null and void.
P
IT IS UNDERSTOOD ihat the word "Mortgegw" whether in the •ingular or ptursl anywhers in this Mortyaqe, ihell be •influlat if one onty end
shaH be plurel jointly snd ~everally i4 rtwr~ than one, end thet the wad "their" used ~nywhere in th;i Mart~sys aM11 be taken to mean "his;' "hen,"
er "its," wherever the contexe w implia or admits. Also, that whe+ev~r there is • reftrer.ce in the caven~ntt arx! ayreemenri herein conteined to any of
the perties herrto, the ~an+e sh~ll be cor+ssrurd to mean as well as the hein, leyal npttsenhtives, ~uctesswa and as~tyns (either voluntary by act of the
parfies or inv~luntsry by opersiion of the law) of the sama and th~t the covensntf her~in contsined shall bind and tht benefiri and advantaflq inure
to the respective hsirs, leg~l representatives, succeswrs and au~gns of the p~rtiaa hereto.
And aeid Mortgapors, for themselvrs and their hein, legal repre~ent~tivt~, ~~cceswri and auiyns, hereby jointly end ~venl~y covenant and pree
to end with the said MORTGAGEE, its successrxi and suigns:
1. Ta pay ai! and •inyular the principal and interest and the v+riws and tundry s~m~ nf money pay~ble by virtue Qf said promissory rxste, •nd this
mortgage, •ach s~d evary, prompNy on tM d~ya respectivaly tF?e same s~v~rally become dw.
2, ?o pay all ~nd a+nguiar tiee taxes, atsessms~h, levie~, liabilities, obliyations and ancumbr~nces of every natur~ a~d kind r+ow on iaid descr3bed
property, o~ thst hareafter may be impo~ed, sufferrd, placed, Itvied, or ~sses~ed thsrean, o? that F»rtaftat m~y b~e 1evi~d w~ues~ed uyo~ 3hit Mortg-
spe, w the indeb7adn~s ~etured hereby, sach and w~ary, when dw +nd p+y+bf~, aawding ro law, befor~ they becom~ delinqwnt, and befwo ~rry intereft
atraches or any penalty is incurred; ANO tN50FAR AS ANY THEREOF IS OF RKORD THE SAME SHAII BE PROMf'YLY SATISfIED ANU DISCHARGEO Of
RECORD AND THE ORIGINAL OFFICIAI Dc7CU.41ENT (SUCH AS, FOR INSTANGE, THE 'fAX RECEIPT OR THE SATtSFACTiOF! PADER OFFICIALLY ENDORSEp
4R CEA.TIFIED) SHAtI BE PIACED IfJ TME HANDS UF SAID MORTGAGEE WITHIN TEN DAYS NEXT AFTER PAYMENT; and in the event ti+at any thereof it no?
paid, sat'sfied end distharged sa;d MQRTGAGEE ma~- at any time pay the ~ame or ~ny part lhe~eOf without waiving ar effectir~q aRy option, lien, puity or
.ipht ~~der w by virtue of thi~ morigaqe and the full amount oS esch and every suth payment shsll be immediately due •nd payable and ihall bear interrst
kom the date thereof vntil paid at rate of nine per centum per annum and toqether with such interest ~hall be secured by the lien of th:s morgtsye.
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